Hey folks! This month the market did its thing and went down a fair amount, before recovering a bit with one last drop on the last day of the month. Let’s take a look to see how things shook out!
April 2024 – $490,211.79 (+$604.26)
Total Investment Contributions – $19,500
Well the month still managed to be green at least! But after multiple months of seeing unsustainable $30k gains, I definitely expected things to cool down. I was hoping I would end the month finally crossing the $500k mark, and I did, on April 29th, but the drop on the 30th pulled me back below the number. Oh well, hopefully we can get there next month!
Brokerage – $166,240.23 (+$3,034.62)
A small gain here! This month I contributed $9,787.16.
401k Pre-Tax – $146,798.67 (-$3,685.41)
This month I contributed $1,917.00, plus an employer contribution of $437.50, which clearly wasn’t enough to offset the losses!
Roth IRA – $59,045.04 (-$2,515.07)
No contributions just market movement!
401k Roth In-Plan – $46,059.13 (+$2,622.63)
This month I contributed $4,375.00, so I managed to be in the green!
Car – $33,300 (+$300)
KBB value actually went up a little bit! I’ll take it!
HSA – $19,341.41 (-$424.52)
Contributed the usual $345.84, between me and my two employers!
Cash – $8,307.53 (-$1,170.06)
Cash was down a little bit since I went over budget and invested the usual monthly amounts. I’ll get into that more in the budgeting portion below!
529 – $8,009.50 (+$1,331.50)
Put the usual $1,500 in here, split across three 529s.
ESPP – $7,000.04 (+$1,750.01)
Just the usual contribution of $1,750 here. End of June it’ll vest, which I’m looking forward to!
Precious Metals – $479.88 (+$479.88)
I guess I really should’ve been counting this before, but my grandpa used to give me these 1 oz silver coins for Christmas and occasionally birthdays. They’ve sat around for a long time, but I have 18 oz in total so I’m just factoring that into my net worth now. It ain’t much but I’ll take it!
Bonds – $110.36 (+$0.68)
Major gains here on my EE bond.
Federal Taxes Owed – -$4,480.00
The government gave me too much money over the year, so in December 2024 I went back to try to distribute what I owed evenly over these reports.
April 2024 Budget – $3,182.01
Total Spending – $3,596.01 (+$414.00)
Had a bit bigger budget this month since I knew I was going to owe taxes and have some medical expenses, and I still blew it by a bit. Though I did do a lot more fun stuff this month, so that certainly contributed.
Rent + Utilities – $1,426.73
I paid a bit more in rent and utilities this month than last but not much I can do here!
Medical – $464.05
Had a couple dentist appointments to deal with, and that cost a fair bit out of pocket. Should be all good on dental stuff for at least six months now!
Eating out – $460.10
Well I did say I’d cut back on this, and I guess I did by about $10. Still way over what I wanted to spend but also was trying to just enjoy. May should be a bit better!
Taxes – $412.00
It was finally time to pay taxes and I ended up owing a little bit. Normally I get a bit back and file in January to get it as early as possible, but when I realized I was going to owe I decided to wait until mid-April! This was taking into account money I got back from the state and money owed to federal taxes.
Groceries + misc expenses – $315.26
Groceries were a bit cheaper this month both because we ordered a little less and my girlfriend was able to chip in some to help as well. Also some misc expenses in here for a car camping trip we took.
Fun money – $265.51
Handful of purchases here, including a weekend at a hotel to go to a baseball game. Overall pretty inline with what I hope to spend in this category.
Car expenses – $188.42
A bit more than last month since we did more traveling, but overall still pretty low.
Side expenses – $63.94
Some miscellaneous expenses for a small side hustle I run. It brought in about $280 this month, which isn’t tons but I’ll take it!
April 2024 Savings Rate – 82.8%
Once again, I calculate my savings rate based off how much I save AFTER taxes are taken out. So this month that math was 3,596.01 / 20,902.74. That means my spending rate was 17.2%, and conversely, my savings rate was 82.8%. About 5% less than last month.
Next month I should finally cross the half-million threshold (but for real this time) and then June should see my savings rate go to unheard of levels (95%+). I’m sure I’ll write more about those plans soon, but until then, stay tuned! Thanks for reading!